3.1 Share Capital of Company, Types of Share & Debenture Structure of Share Capital or Classification of Capital Classification of Capital The word ‘Capital’ has different meanings in different professions and contexts. If a company is limited by shares, then the term capital means share capital. Let us see the various classifications of capital like nominal capital. Paid-up capital etc. Capital In simple words, the total contributions made by people to the common stock of the company is the capital of the company. Further, a share is the proportion of the capital to which each member has entitlement. Remember, a share is not an amount of money. It is an interest including different rights in the contract. In this article, we will look at five ways in which the term capital is used in Company Law: nominal capital, issued capital, subscribed capital, called up capital and paid-up capital. Nominal or Authorized or Reg...
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